on โ07-08-2014 10:01 PM
Australian farmers could face a drop in revenue of hundreds of millions of dollars after Russia introduced bans on most food imports from a number of Western countries which have imposed sanctions against Moscow over its policy on Ukraine.
Australian merchandise exports to Russia were worth $736 million in 2013.
Australian farmers could face a drop in revenue of hundreds of millions of dollars after Russia introduced bans on most food imports from a number of Western countries which have imposed sanctions against Moscow over its policy on Ukraine.
Australian merchandise exports to Russia were worth $736 million in 2013.
Mr Medvedev said Russia was also considering banning Western carriers from flying over Russia on flights to and from Asia - a move that would significantly swell costs and increase flight time.
Wow that's going to bite. I hope there's not another war. Or another depression.
on โ08-08-2014 08:59 AM
Thanks for your info MM, it's always helpful to get the real facts before ranting off. Have a great day
on โ08-08-2014 09:01 AM
on โ08-08-2014 09:26 AM
As many on here don't know why Russia has become so intransigent and why it is bankrolling the war, here's an article that may open many peoples eyes .
It's a bit long but if you want to educate yourselves, to have a bit of knowledge on what you are commenting on, a bit of reading is always a good start.
A bit of sage advice to all who thought tying Australia to the EU's failed carbon policy, tying us to this monolithic entity that subjugates a counties sovereignty, is also worth a second thought.
How Ukraine was brutalised by Brussels
Blundering EU officials ignited the violence in Kiev and beyond.
In everyday life, if you see two or more parties arguing vigorously, the best thing to do is maintain a benevolent neutrality. This simple lesson also applies to diplomacy. But, as recent events in Ukraine demonstrate all too well, it is apparently one the leaders of the European Union have failed to heed.
The EU is pursuing what it calls its โEuropean Neighbourhood Policyโ in relation to a group of countries โ including Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine โ that are normally seen as being within Russiaโs sphere of influence. By furthering its economic and security interests, and in the guise of โexporting democracyโ, the EU is challenging Russian interests. This is a serious misjudgement, with serious consequences for the people of Ukraine.
The EU is playing on a longstanding division within Ukraine, between the pro-European, rural west of the country and the populous and industrialised east and south, which have long looked to Russia. It is now eight years since the start of the EUโs Action Plan for Ukraine, which talked up โthe opportunity for the EU and Ukraine to develop an increasingly close relationship, going beyond cooperation, to gradual economic integration and a deepening of political cooperationโ. Ukraine has enough difficulty balancing its internal tensions and the need to keep Russia on side (for both strategic and historical reasons, Russia sees Ukraine as a vital part of its sphere of influence). The intervention of the EU into Ukraineโs affairs, rather than helping matters, has only exacerbated these internal instabilities.
Last November, the EU held a summit in Vilnius in Lithuania with a group of former Soviet states in an attempt to agree an โEastern Partnershipโ with Ukraine, Moldova, Belarus and three states in the Caucasus: Armenia, Azerbaijan and Georgia. Negotiations had been going on since May 2009, in the aftermath of the Russian intervention into Georgia.
The deal would have given these states greater access to EU markets, but at the expense of having to adopt many EU laws and regulations, and with no economic aid provided. However, Ukraine refused to sign the deal, having instead opted to accept $15 billion in bilateral aid from Russia and receiving a much-needed reduction in the price of gas imports. Given the parlous state of the Ukrainian economy, Russiaโs offer was one Ukraine could hardly refuse.
However, Ukrainian president Viktor Yanukovychโs decision was the straw that broke the camelโs back for many western Ukrainians, who see Yanukovych as a corrupt Russian stooge and who desire closer ties with the EU. The protests of the past two months are a direct result of the failure of the Vilnius summit.
At the end of last year, in an article titled โEuropeโs Ukrainian blunderโ, the former German foreign minister Joschka Fischer โ no stranger himself to heavy-handed diplomacy โ was sharply critical of the EUโs strategy. โFrom Yanukovychโs point of viewโ, he wrote, โ[the Russian] agreement made sense in the short run: the gas deal would help Ukraine survive the winter, the loan would help keep it from defaulting on its debt, and the Russian market, on which the economy depends, would remain open.โ So why, Fischer asked, โdid the EU press for an association agreement, without being able to offer Ukraine anything comparable to what Russia offered?โ.
Even the president of the European Parliament, Martin Schulz, admitted the EUโs strategy had been a mistake. โI think we underestimated the drama of the domestic political situation in Ukraineโ, he told the German public radio station Deutschlandfunk in November. Ukraine, he said, โhas been in a deep economic and financial crisisโ since the introduction of democracy. โThey desperately need money and they desperately need a reliable gas supplyโ, said Schulz.
Now, the situation in Ukraine is desperate. The protests are even spreading east, taking on a general anti-government character. There is the possibility of deepening divisions and conflict in Ukrainian society. Ukrainian novelist Andrey Kurkov argues that it is by no means impossible that the country will disintegrate. If the protests are suppressed, he argues, Yanukovych will be viewed in western Ukraine as an oppressor.
There is a serious tension between the aspiration and the reality of EU foreign policy. The reasons for this include the missionary zeal with which it has been pursued โ apparently without regard to such pesky things as national interests, geopolitical power relations or simple domestic political stability. The EU, in its preening fashion, sees itself as offering โvalues leadershipโ to the world.
So, the European Neighbourhood Policy presents the EU as a โcommunity of valuesโ. Article 7a of the Lisbon Treaty declares: โThe Union shall develop a special relationship with neighbouring countries, aiming to establish an area of prosperity and good neighbourliness, founded on the values of the Union and characterised by close and peaceful relations based on cooperation.โ No mention here of such vile things as material interests or power politics. Once upon a time, such a drive for expansion would be regarded as โimperialismโ and understood as something negative. Today, the nation state โ particularly when it comes to weaker states that refuse to bow down to the West โ is now regarded as the problem.
What lies behind this EU drive to expand is not an evil intent or conspiracy. Rather, it is an infatuation with presenting positive values to the world, mixed with historical amnesia, that creates this โmoralโ foreign policy.
What is missing is any rational sense of the different interests that have created the situation in Ukraine, any appreciation of how the sort of meddling pursued by the EU over the past few years has ruptured delicate balances in Ukrainian society and inflamed tensions and violence that even EU officials themselves are now panicking about.
What would be nice would be a European party that would stand up to this assault from Brussels on the elected government in Kiev. They would get my vote.
Writer: Sabine Reul
on โ08-08-2014 09:52 AM
@icyfroth wrote:
@garry9922 wrote:The truth is out there. Don't be lazy.
Truth is, I think global politics as in the grip the likes of George Soros and Alan Greenspan and the IMF have on individual nations make it hard for any country to retain sovereignty.
I don't think it's unusual for a country to retaliate with sanctions after having sanctions put on them.
Isn't Alan Greenspan long retired??
on โ08-08-2014 10:59 AM
don't see what Alan Greenspan has got to do with this...?
Honors
In 1976, Greenspan received the U.S. Senator John Heinz Award for Greatest Public Service by an Elected or Appointed Official, an award given out annually by Jefferson Awards.[105]
In 2004, Greenspan received the Dwight D. Eisenhower Medal for Leadership and Service, from Eisenhower Fellowships. In 2005, he became the first recipient of the Harry S. Truman Medal for Economic Policy, presented by the Harry S. Truman Library Institute. In 2007, Greenspan was the recipient of the inaugural Thomas Jefferson Foundation Medal in Citizen Leadership, presented by the University of Virginia.
On December 14, 2005, he was awarded an honorary Doctor of Commercial Science degree by New York University, his fourth degree from that institution.[106] On April 19, 2012, Greenspan received the Eugene J. Keogh Award for Distinguished Public Service from NYU.[107]
on โ08-08-2014 11:06 AM
thats right LD he was the chairman of the fed reserve up until 2006
it is now 2014
on โ08-08-2014 11:16 AM
@lightningdance wrote:As many on here don't know why Russia has become so intransigent and why it is bankrolling the war, here's an article that may open many peoples eyes .
It's a bit long but if you want to educate yourselves, to have a bit of knowledge on what you are commenting on, a bit of reading is always a good start.
A bit of sage advice to all who thought tying Australia to the EU's failed carbon policy, tying us to this monolithic entity that subjugates a counties sovereignty, is also worth a second thought.
How Ukraine was brutalised by Brussels
Writer: Sabine Reul
A very good article thanks Lightniing
(edited the text out in my reply condense the post)
on โ08-08-2014 11:20 AM
@debra9275 wrote:thats right LD he was the chairman of the fed reserve up until 2006
it is now 2014
Deb...In my post I said "the likes of George Soros and Alan Greenspan". Alan Greenspan my be retired from public office but I'm sure he has a worthy successor to carry on the good works in the determination of how IMF manages Global economies.